1020 Grand Concourse, #8B, Bronx (Concourse), NY, 10451 | $265,000

You won't be able to contain the smile on your face when you walk in and fall in love with this perfect home.
Enter into a curved entryway and dining area, complete with a huge coat closet. Notice the brand-new beautiful floors and the renovated kitchen with sparkling white cabinets, luxurious countertops, and stainless steel appliances. Then, walk through the expansive living room flooded with light from the wall of east-facing windows.
The corner bedroom is quiet - no shared walls here - and has a convenient closet, and there is an extra closet on the way to the impeccably-renovated brand-new bathroom.
This alcove studio is enormous, and can be converted to a legal one bedroom, should you ever desire to do so.
And the best part of all is that this is a completely-renovated sponsor unit with NO BOARD APPROVAL. Pieds a terre, co-purchase, and pets under 25 pounds are all welcome here!
Best of all you will be living in one of the crown jewels of The Bronx: the famed Executive Towers-the most luxurious building ever constructed on the Grand Concourse.
Designed by the master architect Philip Birnbaum and completed in 1963, 1020 Grand Concourse occupies the prominent corner of 165th Street directly across from the Bronx Museum of Art and conveniently located near the B, D and 4 trains, multiple bus lines, and convenient shopping and services. Four parks nearby offer amazing recreational opportunities and the feeling of living in a meticulously planned neighborhood that brings you the best of the city and the outdoors-and yet is only 20 minutes from Midtown Manhattan!
Enjoy full-service living with nothing overlooked. From the central cooling and heating system to the 24-hour building staff, you'll be taken care of impeccably! Plus the low, low maintenance includes gas and electricity. Some photos virtually staged.
Features:
24-hour doorman and security
On-site attached garage with available assigned spaces for residents (at additional cost)
24-hour laundry rooms
Live-in super
On-site management office
BuildingLink system for communication and delivery notifications
Bicycle storage room (waiting list)
Recently-completed exterior restoration project
Restored historic tile entrance canopy
New automatic entry doors and lighting

Showing by appointment only - don't miss out on this incredible opportunity!

Features

  • Town: Bronx
  • Cooling: Unknown Type
  • Levels: 23
  • Amenities: Bike Room; Driveway; Garage; Fitness Room; Laundry Room;
  • Rooms: 2
  • Baths: 1 full
  • Complex: Executive Towers, The
  • Year Built: 1963
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU476623011288
  • Days on Market: 171 days
  • Website: https://www.raveis.com
    /prop/RPLU476623011288/1020grandconcourse_bronx_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Bank Neary Inc

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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1020 Grand Concourse, #8B, Bronx (Concourse), NY, 10451

$265,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $212,000 $212,000 $212,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.708% 7.133% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,464 $1,409 $1,788
Total Monthly Payment $1,539 $1,484 $1,863

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.